⚡️ Lazarus successfully laundered 499,000 ETH stolen from Bybit

The North Korean hacking group Lazarus has completed the laundering of $1.39 billion in ETH stolen from Bybit in just 10 days. The main tool was the decentralized protocol THORChain. The platform earned $5.5 million in fees.

Ethereum lost 23%, plummeting from $2,780 to $2,130 while hackers were funneling funds through mixers and exchanges.